INDB vs HGTY
Comparison between Independent Bank Corp (INDB, Company) and Hagerty Inc - Class A (HGTY, Company).
Both INDB and HGTY are from the Financial Services sector.
5-Year PerformanceINDB has outperformed HGTY, delivering a return of +3.2% compared to +1.9%
INDB vs HGTY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
INDB vs HGTY - Historical Returns
Returns include dividend reinvestment.
INDB vs HGTY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | INDB | HGTY |
|---|---|---|
| 2026 | +8.63% | -18.63% |
| 2025 | +19.78% | +36.03% |
| 2024 | +2.44% | +22.62% |
| 2023 | -17.02% | -8.24% |
| 2022 | +3.94% | -41.80% |
| 2021 | +15.04% | +45.44% |
| 2020 | -9.78% | N/A |
| 2019 | +18.14% | N/A |
| 2018 | +3.24% | N/A |
| 2017 | +1.19% | N/A |
| 2016 | +58.20% | N/A |
| 2015 | +13.16% | N/A |
| 2014 | +14.22% | N/A |
| 2013 | +34.53% | N/A |
| 2012 | +6.28% | N/A |
| 2011 | -0.44% | N/A |
| 2010 | +31.22% | N/A |
| 2009 | -17.19% | N/A |
| 2008 | +3.50% | N/A |
| 2007 | -22.69% | N/A |
| 2006 | +25.42% | N/A |
| 2005 | -11.86% | N/A |
| 2004 | +21.49% | N/A |
| 2003 | +24.60% | N/A |
| 2002 | +6.74% | N/A |
| 2001 | +81.79% | N/A |
| 2000 | +2.42% | N/A |
| 1999 | -5.83% | N/A |
INDB vs HGTY Drawdown Comparison
The maximum drawdown for INDB was -68.87%, occurring on Mar 9, 2009. Recovery took 1526 trading sessions.
The maximum drawdown for HGTY was -59.73%, occurring on May 11, 2022. This drawdown has not yet recovered.
The current INDB drawdown is -7.56%. The current HGTY drawdown is -43.09%.
| Rank | INDB | HGTY |
|---|---|---|
| #1 | -68.87% Dec 27, 2006 - Jan 22, 2013 | -59.73% Dec 13, 2021 - May 11, 2022 |
| #2 | -52.59% Mar 12, 2021 - Feb 3, 2026 | -2.69% Dec 3, 2021 - Dec 7, 2021 |
| #3 | -42.91% Sep 7, 2018 - Feb 24, 2021 | -2.54% Nov 4, 2021 - Nov 29, 2021 |
| #4 | -33.80% Apr 16, 2002 - Aug 12, 2003 | -2.12% Aug 5, 2021 - Aug 18, 2021 |
| #5 | -31.92% Nov 3, 1999 - Aug 11, 2000 | -1.93% Jun 16, 2021 - Aug 4, 2021 |
| #6 | -30.44% Sep 20, 2000 - Feb 13, 2001 | -0.97% Nov 29, 2021 - Dec 2, 2021 |
| #7 | -29.03% Dec 1, 2004 - Nov 15, 2006 | -0.89% Sep 14, 2021 - Oct 26, 2021 |
| #8 | -27.91% Aug 21, 2001 - Nov 20, 2001 | -0.80% Aug 20, 2021 - Sep 1, 2021 |
| #9 | -20.30% Nov 27, 2015 - Aug 5, 2016 | -0.59% Oct 26, 2021 - Nov 3, 2021 |
| #10 | -17.28% Feb 10, 2004 - Sep 9, 2004 | -0.20% Jun 8, 2021 - Jun 11, 2021 |
| #11 | -15.54% Jan 4, 2017 - Jul 21, 2017 | -0.20% Aug 18, 2021 - Aug 20, 2021 |
| #12 | -14.30% Feb 6, 2026 - Mar 18, 2026 | -0.20% Sep 1, 2021 - Sep 8, 2021 |
| #13 | -13.73% Jul 20, 2015 - Nov 6, 2015 | -0.10% Jun 4, 2021 - Jun 8, 2021 |
| #14 | -13.47% Apr 1, 2014 - Oct 31, 2014 | -0.10% Jun 11, 2021 - Jun 16, 2021 |
| #15 | -12.73% Dec 30, 2014 - Mar 16, 2015 | -0.10% Sep 8, 2021 - Sep 13, 2021 |
Correlation
Correlation between INDB and HGTY is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.
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